US Stocks Climb Following Fed's Rate Decision

In a move that buoyed investor confidence, the Federal Reserve announced its decision to keep interest rates unchanged, signaling a cautious approach towards future rate adjustments. This decision came alongside the release of the latest US GDP data, further influencing market sentiments.

The Dow Jones Industrial Average saw a notable increase of 0.38%, while the Nasdaq 100 and the S&P 500 also experienced gains, rising by 0.45% and 0.53% respectively. On the currency front, the euro remained stable against the dollar, trading at $1.04077 by 3:28 pm ET.

Investors and traders are closely monitoring the situation, as the Federal Reserve's cautious outlook and the latest economic indicators continue to shape market dynamics.